"Several of Europe's biggest carmakers unveiled low-cost electric vehicles at the Paris Motor Show this week," reports CNBC. The automakers are "seeking to jump-start a demand slump and recapture some of the market share now held by Chinese brands." "It feels like Europe is fighting back," Julia Poliscanova, senior director for vehicles and e-mobility supply chains at the Transport & Environment campaign group, told CNBC at the Paris Motor Show. "There are so many new models on show, and what is really great is that there are a lot of launches that are more affordable. So, Citroen, Peugeot [and] Renault, they are all showing some smaller affordable models," Poliscanova said. "This is exactly what we need for the mass market, for people to buy those vehicles more, and this is also where the competition from the Chinese is also the hardest," she added...

"The storytelling is that people have cooled off on EVs and there is no consumer demand, [but] this is really not true," Transport & Environment's Poliscanova said. "This year in Europe, we did not have affordable models, so people are not buying those overpriced premium vehicles. However, as soon as vehicles come in the right price range next year ... people will flock to buy them." Poliscanova said the launch of several low-cost EVs means electric car sales could account for up to a 24% market share next year, up from 14% this year. Chinese-made EVs typically cost less than half the prices seen in Europe and the U.S. last year, according to figures published by data firm JATO, underscoring the challenge for Western automakers to keep pace with Beijing...

Pere Brugal, president and managing director of GM Europe, said that the challenges facing Europe's auto industry should be seen as a transitional phase — and not evidence of a crisis. "The adoption of new technologies and new behaviors is never a linear growth story, but the end is full-electric [vehicles]," Brugal told CNBC at the Paris Motor Show.
Meanwhile, GM's CEO "says it will start making money on battery-powered models by the end of the year — becoming the only U.S. automaker aside from Tesla to achieve that feat," reports the New York Times (adding that sales are increasing "and the company just introduced a model that sells for less than $30,000 after a federal tax credit.")

And GM "is still committed to doing away with combustion engine cars in the United States by 2035."

"Who asked for any of this in the first place?" wonders a New York Times consumer-tech writer. (Alternate URL here.) "Judging from the feedback I get from readers, lots of people outside the tech industry remain uninterested in AI — and are increasingly frustrated with how difficult it has become to ignore." The companies rely on user activity to train and improve their AI systems, so they are testing this tech inside products we use every day. Typing a question such as "Is Jay-Z left-handed?" in Google will produce an AI-generated summary of the answer on top of the search results. And whenever you use the search tool inside Instagram, you may now be interacting with Meta's chatbot, Meta AI. In addition, when Apple's suite of AI tools, Apple Intelligence, arrives on iPhones and other Apple products through software updates this month, the tech will appear inside the buttons we use to edit text and photos.

The proliferation of AI in consumer technology has significant implications for our data privacy, because companies are interested in stitching together and analyzing our digital activities, including details inside our photos, messages and web searches, to improve AI systems. For users, the tools can simply be an annoyance when they don't work well. "There's a genuine distrust in this stuff, but other than that, it's a design problem," said Thorin Klosowski, a privacy and security analyst at the Electronic Frontier Foundation, a digital rights nonprofit, and a former editor at Wirecutter, the reviews site owned by The New York Times. "It's just ugly and in the way."

It helps to know how to opt out. After I contacted Microsoft, Meta, Apple and Google, they offered steps to turn off their AI tools or data collection, where possible. I'll walk you through the steps.
The article suggests logged-in Google users can toggle settings at myactivity.google.com. (Some browsers also have extensions that force Google's search results to stop inserting an AI summary at the top.) And you can also tell Edge to remove Copilot from its sidebar at edge://settings.

But "There is no way for users to turn off Meta AI, Meta said. Only in regions with stronger data protection laws, including the EU and Britain, can people deny Meta access to their personal information to build and train Meta's AI." On Instagram, for instance, people living in those places can click on "settings," then "about" and "privacy policy," which will lead to opt-out instructions. Everyone else, including users in the United States, can visit the Help Center on Facebook to ask Meta only to delete data used by third parties to develop its AI.
By comparison, when Apple releases new AI services this month, users will have to opt in, according to the article. "If you change your mind and no longer want to use Apple Intelligence, you can go back into the settings and toggle the Apple Intelligence switch off, which makes the tools go away."

That massive geothermal energy project in Utah gets a closer look from the Washington Post, which calls it "a significant advance for a climate-friendly technology that is gaining momentum in the United States." Once fully operational, the project could generate up to 2 gigawatts of electricity — enough to power more than 2 million homes. In addition, the BLM proposed Thursday to speed up the permitting process for geothermal projects on public lands across the country. Earlier this month, the agency also hosted the biggest lease sale for geothermal developers in more than 15 years...

White House national climate adviser Ali Zaidi said in an interview Thursday, "Enhanced geothermal technology has the opportunity to deliver something in the range of 65 million homes' worth of clean power — power that can be generated without putting any pollution in the sky. So we see it as a really meaningful contributor to our technology tool kit...."

The developments Thursday come as tech companies race to find new sources of zero-emission power for data centers that can use as much energy as entire cities. With major backing from Google parent Alphabet, Fervo recently got its first project up and running in the northern Nevada desert... The advanced geothermal technology that Fervo is trying to scale up is an attractive option for tech firms. Enhanced geothermal plants do not pose all the safety concerns that come with nuclear power, but they have the potential to provide the round-the-clock energy that data centers need. The challenge Fervo faces is whether it can bring this technology online quickly enough.
Fervo (a seven-year-old start-up) was co-founded by Tim Latimer, who previously worked as a drilling engineer, according to the article. But "Early in my career I got passionate about climate change. I started looking at where could a drilling engineer from the oil and gas industry make a difference," Latimer said during a Washington Post Live event in September. "And I realized that geothermal had been so overlooked ... even though the primary technical challenge to making geothermal work is dropping drilling costs."

A California oil refinery that produces 8% of the state's gasoline is shutting down late next year — a decision the Los Angeles Times says is "driven by climate change, the transition to electric vehicles and demands for cleaner air."

"There's no question we are going to lose refineries over time, because demand is going to go down as we transition to electric vehicles, but I did not expect to see any of them exiting this quickly," said Severin Borenstein, faculty director of the Energy Institute at UC Berkeley's Haas School of Business. California "over the medium term" will have to rely more on imports, he said. "I think part of the response the state's going to need to consider is how to make sure that we can import sufficient gasoline to meet our needs...."

David Hackett, chairman of Stillwater Associates, an Irvine oil consultancy, said he was contacted by Phillips just before the announcement, and was told the closure was a business decision. He said that although the timing was somewhat surprising, the closure wasn't, given the age of the refineries, their relatively small size and the inefficient layout that connects them by a pipeline. "That plant has been for sale for years. It hasn't found any buyers and I think that this has been an economic decision on their part. They looked at the profitability of the place and compared it with the other businesses that they have, and it didn't make the cut," he said.
"The closure is likely to increase California's already high prices at the gas pump, given that much of the replacement gasoline will be shipped in by ocean vessel, analysts say..." according to another article from the Los Angeles Times.

"Environmentalists and community activists cheered the news, however, saying it will mean cleaner air for the thousands who live in the area and that the state must continue the transition away from its dependence on fossil fuels."

Microsoft has notified customers that it's missing more than two weeks of security logs for some of its cloud products, leaving network defenders without critical data for detecting possible intrusions. From a report: According to a notification sent to affected customers, Microsoft said that "a bug in one of Microsoft's internal monitoring agents resulted in a malfunction in some of the agents when uploading log data to our internal logging platform" between September 2 and September 19.

The notification said that the logging outage was not caused by a security incident, and "only affected the collection of log events." Business Insider first reported the loss of log data earlier in October. Details of the notification have not been widely reported. As noted by security researcher Kevin Beaumont, the notifications that Microsoft sent to affected companies are likely accessible only to a handful of users with tenant admin rights. Logging helps to keep track of events within a product, such as information about users signing in and failed attempts, which can help network defenders identify suspected intrusions. Missing logs could make it more difficult to identify unauthorized access to the customers' networks during that two-week window.

The U.S. Federal Trade Commission is investigating farm equipment maker Deere over its repair policies, focusing on whether the company's restrictions on repairs violate customers' "right to repair." Reuters reports: The investigation, authorized on Sept. 2, 2021, focuses on repair restrictions manufacturers place on hardware or software, often referred to by regulators as impeding customers' "right to repair" the goods they purchase. The probe was made public through a filing by data analytics company Hargrove & Associates Inc, which sought to quash an FTC subpoena seeking market data submitted to it by members of the Association of Equipment Manufacturers. Neither HAI nor AEM is a target of the FTC probe [...].

The FTC is probing whether Deere violated the Federal Trade Act's section 5, according to the filing. The law prohibits unfair or deceptive practices affecting commerce, and the FTC has recently used it in a broad array of cases, including against Amazon and pharmacy benefit managers.

Netflix has begun raising prices in several countries, including Japan, parts of Europe, and Africa, as it seeks to sustain growth following its crackdown on password sharing. While its recent financial results show strong revenue growth, the company faces challenges in finding new subscribers and aims to boost future growth through advertising and fresh content. The BBC reports: In its latest results, Netflix announced that it had added 5.1 million subscribers between July and September - ahead of forecasts but the smallest gain in more than a year. The company is under pressure to show investors what will power growth in the years ahead, as its already massive reach makes finding new subscribers more difficult. The last time Netflix saw signs of slowdown, in 2022, it launched measures to stop password sharing and said it would offer a new streaming option with advertisements.

The crackdown unleashed a new wave of growth. The firm has added more than 45 million new members since last year and has 282 million subscribers globally. Analysts also expect advertisements to eventually become big business for Netflix. For now, however, Netflix has said it remains "early days" and warned it did not expect it to start driving growth until next year, despite many subscribers opting for the ad-supported plan. The plan, which is the company's least expensive option, accounted for 50% of new sign-ups in the places where it is offered in the most recent quarter, Netflix said. Even without a boost from advertising, Netflix said revenue in the July-September period was up 15% compared with the same period last year, to more than $9.8 billion. Profit also rose from $1.6 billion in the same period last year to $2.3 billion.

With ransomware attacks surging and 2024 on track to be one of the worst years on record, U.S. officials are seeking ways to counter the threat, in some cases, urging a new approach to ransom payments. From a report: Ann Neuberger, U.S. deputy national security adviser for cyber and emerging technologies, wrote in a recent Financial Times opinion piece, that insurance policies -- especially those covering ransomware payment reimbursements -- are fueling the very same criminal ecosystems they seek to mitigate. "This is a troubling practice that must end," she wrote, advocating for stricter cybersecurity requirements as a condition for coverage to discourage ransom payments.

Zeroing in on cyber insurance as a key area for reform comes as the U.S. government scrambles to find ways to disrupt ransomware networks. According to the latest report by the Office of the Director of National Intelligence, by mid-2024 more than 2,300 incidents already had been recorded -- nearly half targeting U.S. organizations -- suggesting that 2024 could exceed the 4,506 attacks recorded globally in 2023. Yet even as policymakers scrutinize insurance practices and explore broader measures to disrupt ransomware operations, businesses are still left to grapple with the immediate question when they are under attack: Pay the ransom and potentially incentivize future attacks or refuse and risk further damage.

For many organizations, deciding whether to pay a ransom is a difficult and urgent decision. "In 2024, I attended a briefing by the FBI where they continued to advise against paying a ransom," said Paul Underwood, vice president of security at IT services company Neovera. "However, after making that statement, they said that they understand that it's a business decision and that when companies make that decision, it is taking into account many more factors than just ethics and good business practices. Even the FBI understood that businesses need to do whatever it takes to get back to operations," Underwood said.

An anonymous reader shares a report: Byju Raveendran, the founder of the embattled edtech group Byju's, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, overestimated growth potential and that his startup, once valued at $22 billion, is now effectively worth "zero."

Speaking to a group of journalists, Raveendran said the company's aggressive acquisition of more than two dozen startups to expand into new markets proved fatal when financing dried up in 2022. Byju's was planning to go public in early 2022 with several investment bankers giving the firm valuation as high as $50 billion, TechCrunch reported earlier.

He alleged that many of his more than 100 investors had urged him to pursue aggressive expansion into as many as 40 markets. But, he added, those very investors got cold feet when global markets tumbled following Russia's invasion of Ukraine, sending the venture capital market into a downward spiral.

India is expected to limit imports of laptops, tablets and personal computers after January, Reuters reported Friday citing government sources, a move to push companies such as Apple to increase domestic manufacturing. From the report: This plan, if implemented, could disrupt an industry worth $8 billion to $10 billion and reshape the dynamics of the IT hardware market in India, which is heavily reliant on imports. A similar plan to restrict imports was withdrawn last year following backlash from companies and lobbying from the United States. India has since monitored imports under a system set to expire this year and has asked firms to seek fresh approvals for imports next year. The government feels it has given the industry enough time to adapt, said the sources, who did not want to be identified as discussions are private.

An anonymous reader quotes a report from TechCrunch: Stripe is in talks to acquire stablecoin platform Bridge for a whopping $1 billion, according to Forbes (paypalled). The talks are reportedly in advanced stages, although nothing has been finalized. Bridge, co-founded by Coinbase alumni Zach Abrams and Sean Yu, has built an API that helps companies accept stablecoins. The pair raised $58 million from investors like Index Ventures and Sequoia Capital, according to PitchBook. If the deal with Stripe goes through, it would be a huge jump from Bridge's $200 million valuation, as well as being Stripe's largest acquisition to date.

AWS CEO Matt Garman has harsh words for remote workers: return to the office or quit. TechCrunch: The Amazon executive recently told employees who don't like the new five-day in-person work policy that, "there are other companies around," presumably companies they can work for remotely, Reuters reported on Thursday. Amazon's top boss, Andy Jassy, told employees last month that there will be a full return-to-office starting in 2025, an increase from three days for roughly the last year.

404 Media journalist and Slashdot contributor samleecole shares a report: After an exodus of employees at Automattic who disagreed with CEO Matt Mullenweg's recently divisive legal battle with WP Engine, he's upped the ante with another buyout offer -- and a threat that employees speaking to the press should "exit gracefully, or be fired tomorrow with no severance." Earlier this month, Mullenweg posed an "Alignment Offer" to all of his employees: Stand with him through a messy legal drama that's still unfolding, or leave. "It became clear a good chunk of my Automattic colleagues disagreed with me and our actions," he wrote on his personal blog on Oct. 3, referring to the ongoing dispute between himself and website hosting platform WP Engine, which Mullenweg called a "cancer to WordPress" and accusing WP Engine of "strip-mining the WordPress ecosystem. In the last month, he and WP Engine have volleyed cease and desist letters, and WP Engine is now suing Automattic, accusing Mullenweg of extortion and abuse of power.

"I'm certain that Matt hasn't eliminated all dissenters, because I'm still there, but I expect that within the next six to twelve months, everyone who didn't leave but wasn't 'aligned' will have found a new job and left on their own terms," a current employee told 404 Media. "My personal morale has never been lower at this job, and I know that I'm not alone." Mullenweg himself, in internal screenshots viewed by 404 Media, acknowledged that his first "Alignment Offer" did not make everyone who disagreed with him leave the company. On Wednesday Mullenweg posted another ultimatum in Automattic's Slack: a new offer that would include nine months of compensation (up from the previous offer of six months). "We have technical means to identify the leaker as well, that I obviously can't disclose," he continued. "So this is their opportunity to exit gracefully, or be fired tomorrow with no severance and probably a big legal case for violating confidentiality agreement."

An anonymous reader quotes a report from MacRumors: Apple today reminded developers that the EU trader requirement in the European Union is now being enforced. Developers who distribute apps in the EU will now need to share information that includes address, phone number, and email address on the EU App Store. Submitting updates for apps on the App Store in the European Union now requires trader information that's added via App Store Connect, with those details shared on each developer's App Store page. App updates can no longer be submitted without trader information, and starting on February 17, 2025, apps that do not have a trader status set will be removed from the App Store in the EU until trader status is provided and verified.

The Digital Services Act (DSA) in the European Union requires Apple to verify and display trader contact information for all "traders" who are distributing apps on the App Store in the European Union. Developers who make money from the App Store through either an upfront purchase price or through in-app purchases are considered traders, regardless of size. Contact information for each developer that is considered a trader will be publicly available, and there will undoubtedly be some developers that are unhappy with the requirement. Independent developers and small companies may not have dedicated business addresses and phone numbers to provide, and will likely be reluctant to provide their personal contact information. You can learn more about the requirements on Apple's website.

The business world's favourite software program enters its 40th year. The Economist: Excel has featured in plenty of workplace blunders -- though its defenders will be quick to blame human error. The financial world is littered with tales of costly spreadsheet errors. Excel has also been blamed for botching gene names in over a third of genomics papers (because it labelled them as dates); underreporting covid-19 cases in England (because it only had a limited number of rows in which to record the results); and disrupting the trial of January 6th rioters in America (because sensitive information was left in hidden cells).

Such snafus have not dented Excel's dominance. Might artificial intelligence (AI) steal its crown? With whizzy new tools powered by the technology promising to make data analysis easier, the familiar grid of numbers and calculations could soon feel outdated. Rather than replacing spreadsheets, though, AI might make them even better. Last month Microsoft introduced an AI assistant for Excel which lets users crunch data using natural-language prompts. Excel, and its faithful, aren't ready to be filtered out just yet.

South Korea will prepare stronger measures in a bid to prevent overseas leaks of business secrets amid intensifying competition for advanced technologies, the finance minister said on Thursday. From a report: "We will prevent illegal leaks of advanced technologies to raise the global competitiveness of our companies and strengthen technology leadership," Minister Choi Sang-mok said.

The government will set up a "big data" system aimed at preventing technology leaks at the patent agency and introduce new regulations to ensure stronger punishment for culprits, Choi said. He did not specify what the stronger penalties would be under the new regulations. In the past five years, there have been 97 attempts to leak business secrets to a foreign country, with 40 of them in the semiconductor industry, according to the National Intelligence Service.

An anonymous reader quotes a report from Wired: Real-time video deepfakes are a growing threat for governments, businesses, and individuals. Recently, the chairman of the US Senate Committee on Foreign Relations mistakenly took a video call with someone pretending to be a Ukrainian official. An international engineering company lost millions of dollars earlier in 2024 when one employee was tricked by a deepfake video call. Also, romance scams targeting everyday individuals have employed similar techniques. "It's probably only a matter of months before we're going to start seeing an explosion of deepfake video, face-to-face fraud," says Ben Colman, CEO and cofounder at Reality Defender. When it comes to video calls, especially in high-stakes situations, seeing should not be believing.

The startup is laser-focused on partnering with business and government clients to help thwart AI-powered deepfakes. Even with this core mission, Colman doesn't want his company to be seen as more broadly standing against artificial intelligence developments. "We're very pro-AI," he says. "We think that 99.999 percent of use cases are transformational -- for medicine, for productivity, for creativity -- but in these kinds of very, very small edge cases the risks are disproportionately bad." Reality Defender's plan for the real-time detector is to start with a plug-in for Zoom that can make active predictions about whether others on a video call are real or AI-powered impersonations. The company is currently working on benchmarking the tool to determine how accurately it discerns real video participants from fake ones. Unfortunately, it's not something you'll likely be able to try out soon. The new software feature will only be available in beta for some of the startup's clients.

As Reality Defender works to improve the detection accuracy of its models, Colman says that access to more data is a critical challenge to overcome -- a common refrain from the current batch of AI-focused startups. He's hopeful more partnerships will fill in these gaps, and without specifics, hints at multiple new deals likely coming next year. After ElevenLabs was tied to a deepfake voice call of US president Joe Biden, the AI-audio startup struck a deal with Reality Defender to mitigate potential misuse. [...] "We don't ask my 80-year-old mother to flag ransomware in an email," says Colman. "Because she's not a computer science expert." In the future, it's possible real-time video authentication, if AI detection continues to improve and shows to be reliably accurate, will be as taken for granted as that malware scanner quietly humming along in the background of your email inbox.

An anonymous reader quotes a report from Reuters: Robinhood launched its long-awaited desktop platform and added futures and index options trading features to its mobile app on Wednesday, as the fintech firm aims to take market share from traditional brokerages. The 11-year-old commission-free trading app, which became synonymous with mom-and-pop investors in 2021, is now seeking to mature into a full-fledged financial services provider and compete with established brokerages that serve institutional investors. The Menlo Park, California-based company said its desktop trading platform, dubbed "Robinhood Legend," will focus on active traders.

The platform, available at no additional cost, will offer advanced trading tools, real-time data, as well as custom and preset layouts. Meanwhile, the app will allow users to trade futures on the benchmark S&P 500 index, oil and bitcoin, among others. Customers can also trade index options. [...] Subscribers to Robinhood's premium Gold tier will be able to trade futures for as low as 50 cents per contract, while non-Gold users will need to pay a commission of 75 cents. You can tune in to the company's live product announcement on YouTube.

Apple is enhancing its Business Connect tool, allowing companies to customize how they appear in emails, phone calls, and payment interfaces on iPhones. The Verge reports: Each registered business can confirm its info is accurate and add additional details like photos or special offers. Collecting verified, up-to-date business information could be useful for Apple if it ever launches its own search engine or inside features for Apple Intelligence instead of sending users to outside sources like Google, Yelp, or Meta. Branded Mail is a feature businesses can sign up for today before it starts rolling out to users later this year, potentially making emails easier to identify in a sea of unread messages.

Additionally, if companies opt into Business Caller ID, Apple will display their name, logo, and department on an iPhone's inbound call screen. This feature should come in handy when you're trying to figure out whether the random number that's calling you is spam, or if it's a legitimate business. It will start rolling out next year. A smaller update coming to Apple's Tap to Pay service will let companies show their logo when accepting payments instead of just displaying a category icon. You can read more about it in Apple's press release.

An anonymous reader quotes a report from 404 Media: The code that runs Redbox DVD rental machines has been dumped online, and, in the wake of the company's bankruptcy, a community of tinkerers and reverse engineers are probing the operating system to learn how it works. Naturally, one of the first things people did was make one of the machines run Doom. As has been detailed in several great articles elsewhere, the end of Redbox has been a clusterfuck, with pharmacies, grocery stores, and other retailers stuck with very large, heavy, abandoned DVD rental kiosks. To many people's surprise, many of the kiosks remain operational even with the bankruptcy of Redbox's parent company, which has led some people to "liberate" DVDs from the abandoned kiosks. Reddit is full of posts by people who say they have taken dozens of DVDs from kiosks all over the country. Free DVDs is one thing. But in recent days, people have realized that they can, in some cases, get free Redbox kiosks. In an August filing, Walgreens told the bankruptcy court that it has 5,400 abandoned kiosks at its stores, and that it is spending $184,000 a month keeping them powered. "Walgreens should not be required to continue to 'store' and power Redbox kiosks across the country without any form of payment," the company wrote. And so tinkerers and reverse engineers have begun asking stores whether they can take the devices off their hands. There are also posts on Reddit by contractors who are selling them, and I was able to find various Redbox DVD kiosks being advertised for sale on Facebook Marketplace. (There are far more listings on Facebook Marketplace from people who have obtained hundreds or thousands of Redbox DVDs and are now selling them.)

Recently the operating system for Redbox kiosks was dumped online, and this community is now probing it to see how it works. In a thread on Mastodon, reverse engineer Foone Turing has been posting some of her findings, which include the fact that Redbox machines contain a file that has "a complete list of titles ever rented, and the email addresses of the people who rented them, and where and when." She also found that the first six and last four digits of credit card information was logged. She said that the records on the particular unit that she was looking at contained 2,471 different transactions and had records on it dating back to 2015. Other reverse engineers have found that Redbox kiosks contained information about the physical locations of every other kiosk. The server that they communicated with is currently offline (because the company is bankrupt). But people have also been putting together information about what different error codes in the software mean (for example, the error code "0020BDT" would happen when an obstruction was detected in the machine). They have also found and dumped service manuals for different parts of the device and have found a few login passwords (one password is "US#1Choice4movierentals"). [...] There has also been discussion about how the machines could be modified to talk to a new server, or whether the operating system could be put on a DIY Redbox device. Another person installed Minecraft on their Redbox. It is still very early days, but, with the bankruptcy of Redbox's parent company, ironically these devices are being given new life.